December 19th LTC Underwriting Teleconference: Other Than Applied

Have you added the next LTC Underwriting Teleconference to your calendar yet? Don’t miss December’s Topic: What Happens With Other Than Applied Our Final Underwriting Teleconference is scheduled for Thursday, December 19, 2019, 10 a.m. CST When: Thursday, December 19th at 10 am Central Conference Number: 1-866-220-3018 Conference ID: 9182458 Check out this flyer for all the details.   Do you have questions on the topic, or do you have something you’d like to discuss? Email distribution.marketing@mutualofomaha.com prior to the teleconference.   December 19th LTC Underwriting Teleconference: Other Than Applied   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Custom and Secure Brochures Now Available in California

The redesigned MutualCare® Custom and Secure consumer brochures are now available for the state of California. Please discontinue use of old materials. To view/print the redesigned CA MutualCare® Custom Solution brochure, click the image to the left or click here. The new pieces are also available to order through your normal ordering channels.   Custom and Secure Brochures Now Available in California   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Be the First to See Our New LTC Consumer Video

We’re excited to debut something you’ve been asking for: a new consumer video designed to help you introduce the need for LTCi. Show it in a face-to-face setting. Include it as the kick-off for an LTC seminar. Attach it to an email prior to meeting with a client. Use it to generate interest so people will want to meet with you. Despite LTC Awareness Month being behind us, put this video to work for you and keep the momentum going!   Be the First to See Our New LTC Consumer Video   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

In-Force Rate Action Announcement: Idaho (Pre-PCS, PCS I, PCS II, Choice 1)

> Choice 1 with Stable Premium Option As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Idaho has now allowed the following increases: Idaho Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Pre-PCS 10% 30% PCS I 10% 25% PCS II 10% 20% Choice 1 15% 20%   Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Idaho (Privileged Choice® and Classic Select®)

As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Idaho has now allowed the following increases: Idaho non-AARP Product Series Increase Percentage Privileged Choice 15% Classic Select 15%   Idaho AARP Product Series Increase Percentage Privileged Choice 15%   Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin December 3, 2019 and will continue throughout the
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Categories: Genworth, Industry News, and Long-Term Care.

Final Weeks To Qualify: Mutual of Omaha Incentive Trip for LTCi Producers

Earn An Elegant Getaway RITZ-CARLTON MONTREAL Quebec, Canada A Mutual of Omaha Incentive Trip for Long-Term Care (LTC) Producers It’s a new incentive travel opportunity just for LTCi producers. We’ll reward the top 10 LTCi producers of 2019 with a 4-day getaway to the Ritz-Carlton Montreal in June, 2020. Eligible business includes Mutual of Omaha’s traditional LTCi products – MutualCare® Secure Solution and MutualCare® Custom Solution. Make the most of these final weeks — the qualification period ends December 31, 2019!   View the Incentive Trip Flyer   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Oklahoma Now a Pre-Appointment State

Effective November 1, 2019, the state of Oklahoma updated their state regulations to move Oklahoma to a pre-appointment state. This means that if you are writing business in the state of Oklahoma you will be required to have an effective appointment prior to taking an application. All producers currently in the Mutual of Omaha system with a Just-In-Time Oklahoma appointment will be placed in an effective status as of 11/1/2019. All future triggered appointments will be placed in an effective status to meet this regulation change.   If you have questions, please contact Mutual of Omaha’s Producer Services Team at
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

LTC Partnership Approved in New Mexico

Great news! Partnership has been approved in NM on November 12, 2019. The Partnership Program is designed to allow those who have a qualifying policy to protect their assets from Medicaid spend-down requirements on a dollar-for-dollar basis, equal to the amount of any long-term care insurance benefits received. For a policy to be eligible for Partnership, it must: Be tax-qualified (MutualCare Solutions policies meet this requirement) Be purchased in a state where Partnership is approved Have inflation protection based on specific age brackets at time of purchase LTC13 applications signed in New Mexico on or after November 12, 2019 will
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Rate Adjustments Effective March 2020

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective March 1, 2020: Block of Business Impacted States LT50, NH50, HCA, NHA and LTA Maine   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Rate Adjustments Effective February 2020

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective February 1, 2020: Block of Business Impacted States HCA and HCAR Florida   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process Policyholders
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).